Comments on: Insanely interesting links: Personal Finances

By: Jarkko

Jarkko — Mon, 03 Sep 2007 13:08:36 +0000

Not yet. I’m still saving money for my next Amazon order :)

By: Josh

Josh — Mon, 03 Sep 2007 04:02:17 +0000

Thanks for the link! Did you pick up any of those books I recommended

By: Jarkko

Jarkko — Sun, 02 Sep 2007 18:55:15 +0000

Keep me updated on how things proceed! :)

By: Lauri

Lauri — Sat, 01 Sep 2007 20:07:46 +0000

Of course there is taxes in Finland, that I didn’t count on that last one.. but still, the sum would be 250 euros (our country takes 28 % taxes from the income).

That’s our plan. :) But that’s only for our kids. Of course we will invest something to ourselves too!

By: Jarkko

Jarkko — Sat, 01 Sep 2007 18:09:50 +0000

That sounds great! So are you planning to do that for your kid?

I think I’ll start by just investing something (not necessarily Oiva’s money) because if we learn how to do that, we can teach him in turn – and I think that’s what matters most. (Although being able to get 350 € / month for the rest of your life sure sounds great too!)

By: Lauri

Lauri — Sat, 01 Sep 2007 13:14:04 +0000

We just calculated with Veera, that when we invest KELA:s Child Benefit (100 euros per month) every month to an account with 10 % annual profit, when our child is 17 years old, he can draw out 350 € per month from his account for the rest of his life. The 350 euros is only the monthly profit to the invested money so far (approx. 50 000 euros).

What are YOU doing with your Child Benefit?